Question

what is profit??Pls tell correct answer​

Answer 1

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☛ ANSWER ☚

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⫷ PROFIT ⫸

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Profit is the financial gain from business activity minus expenses. Profit is the income remaining after total costs are deducted from total revenue. it is the positive gain, because it denotes the basis on which tax is computed and dividend is paid.

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Answer 2

Profit, in accounting, is an income distributed to the owner in a profitable market production process. Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use.